Consolidated earnings for oil-to-telecom conglomerate Reliance Industries (RIL) may report sequential weakness, and modest year-on-year (Y-o-Y) growth in the June 2024 quarter (Q1FY25), said analysts. Lower refining margins are expected to moderate gains made from other businesses. RIL is slated to report its financial performance for Q1FY25 on July 19.
In a Bloomberg poll, 11 analysts estimated a revenue of $2.30 trillion and nine analysts calculated a net income adjusted of ₹16,634 crore for RIL.
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Denne historien er fra July 13, 2024-utgaven av Business Standard.
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